16496 149th St SE

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16496 149th St SE

Big Lake, MN 55309
Asking Price
$699K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail restaurant property available for purchase in Big Lake.
  • The building features 8,000 square feet of commercial space.
  • Asking price for the commercial asset is $699,000.
  • Property is situated in a growing suburban Minnesota market.
  • Asset provides flexible layout options for diverse dining concepts.

What's Special

This retail property is currently for sale, presenting a functional acquisition for an investor or restaurateur looking to establish a footprint in Big Lake. The asset spans 8,000 square feet and is situated at 16496 149th St SE. Big Lake serves as a growing suburban market within the greater Minneapolis-St. Paul metropolitan area, benefiting from steady regional growth and accessibility to major transit corridors. Its position in the local commercial landscape makes this space suitable for various restaurant concepts or adaptable retail operations seeking to serve the expanding community. The layout provides ample square footage to accommodate dining areas, kitchen infrastructure, and necessary support space for daily business activities. Prospective buyers can leverage this location to capture local consumer demand as the region continues to develop. This offering represents a straightforward opportunity to acquire a substantial commercial building positioned for long-term operational utility in a developing corridor.

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

Location & Travel Times